How much palm oil does Indonesia and Malaysia produce?

In 2018, the world produced 72 million tonnes of oil palm. Indonesia accounted for 57% of this (41 million tonnes), and Malaysia produced 27% (20 million tonnes). 84% of global palm oil production comes from Indonesia and Malaysia. In the chart we see the production of the palm oil plant across a number of countries.

How do Indonesia and Malaysia depend on the palm oil industry?

The crude palm oil production system is vital to the economy of Indonesia and has many domestic and foreign uses. It provides a major export source through food and for industrial use. It is also used for domestic food, biodiesel, and biofuel.

Does Malaysia have palm oil?

Malaysia is now the second largest producer of palm oil in the world; after being overtaken by Indonesia in 2006. Since 1985, palm oil has become the second most consumed oil in the world, after soyabean oil. Malaysia’s share of global production in 1999 was 51% but in 2011, it decreased to 38%.

Which country is the largest producer of palm oil?

Indonesia and Malaysia are by far the largest palm oil producing nations. Together they account for 85-90 percent of the total production of this vegetable oil. Other important producing countries are Colombia, Nigeria and Thailand.

Which country is the largest exporter of palm oil?

Exports In 2020 the top exporters of Palm Oil were Indonesia ($17.9B), Malaysia ($10.6B), Netherlands ($1.03B), Guatemala ($466M), and Papua New Guinea ($434M). Imports In 2020 the top importers of Palm Oil were India ($5.04B), China ($3.66B), Pakistan ($2.15B), Netherlands ($1.72B), and Spain ($1.25B).

Why is Indonesia the biggest palm oil producer?

Indonesia is the world’s largest producer and exporter of palm oil but it is also the largest greenhouse gas emitter after China and the United States. Global palm oil production is dominated by Indonesia and Malaysia….Palm Oil in Indonesia.

Production (million tons)
2015 32.5
2016 32.0
Export (million tons)
2008 15.1

How does palm oil affect Indonesia?

Thus, palm oil expansion is strongly linked to very high carbon emissions from drained peatlands in Indonesia. Drying of peat soils also makes these areas highly vulnerable to fires, which has an even more devastating effect on CO2 emissions, as well as creating air pollution harmful to human health.

Why is palm oil important to Malaysia?

The Malaysian palm oil industry is significant contributor to Malaysia’s overall economy, providing both employment and income from exports. In 2011, the sector was the fourth largest contributor to Malaysia’s economy, accounting for RM 53 billion (USD 16.8 billion) of Malaysia’s Gross National Income (GNI).

Which country is famous for palm oil?

Indonesia. Indonesia is the largest palm oil producing country in the world. It produces, on average, 36 million tonnes of palm oil per year and is expecting an additional 4 million hectares of palm oil plantation land by 2020.

How much palm oil is produced in Malaysia?

approximately 19.86 million metric tons
In 2019, the production volume of crude palm oil in Malaysia totaled approximately 19.86 million metric tons. Malaysia is the second-largest producer of palm oil globally, after Indonesia.